#AltcoinSeasonLoading The OG crypto is the pied piper of this market, so it makes sense that altcoins tend to follow its lead – only really hitting their stride once bitcoin breaks above its past bull market highs and goes into what’s known as “price discovery mode”. That environment tends to bring in more money and activity (i.e. liquidity) from momentum traders and investors – and a lot of that can flow into altcoins.

But if bitcoin has a “blue sky breakout” – say, by closing a week above $75,000 a coin – sentiment could shift. First, the breakout would generate more media coverage, drawing in fresh excitement and investor interest.